CSG HOLDINGS LIMITED - Placing of shares

Placing of shares

CSG Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/011359/06)
Share code: CSG
ISIN code: ZAE000184438
(“the Company”)

PLACING OF SHARES

In compliance with paragraph 11.22 of the JSE Limited Listings Requirements, shareholders
are advised that the Company has issued shares and raised R35 million in terms of the
general authority to issue shares for cash approved by shareholders at the annual general
meeting held on 16 November 2015 (“Placing”).

The main objectives of the Placing were:

-    to improve the Company’s shareholder spread in order to facilitate the Company’s
     intended transfer (subject to obtaining the requisite approvals) to the Main Board of the
     exchange operated by JSE Limited;
-    to enhance the liquidity of the Company’s shares; and
-    to bolster the Company’s cash reserves further to the Company’s continued strategy of
     identifying and acquiring value adding businesses.

The Placing was fully underwritten by AlphaWealth and the shares were placed with various
institutions and asset managers acting on behalf of private clients. Further to the Placing,
29 146 119 shares (6.95% of total shares in issue prior to the Placing) have been issued at
an average discount of 9.97% to the weighted average traded price of the equity securities
over the 30 business days prior to the date that the shares were placed.

Johannesburg
18 July 2016


Designated Advisor:
Sasfin Capital (a division of Sasfin Bank Limited)

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